Energys Group Ltd (NASDAQ:ENGS) Sees Significant Decrease in Short Interest

Energys Group Ltd (NASDAQ:ENGS) was the recipient of a significant drop in short interest in August. As of August 14th, there was short interest totaling 146,053 shares, a drop of 55.7% from the July 30th total of 329,760 shares. Currently, 1.0% of the shares of the stock are short sold. Based on an average trading volume of 1,454,711 shares, the days-to-cover ratio is presently 0.1 days.

Analysts Set New Price Targets

Several equities analysts recently commented on ENGS shares. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Energys Group in a report on Tuesday, July 21st. Wall Street Zen raised Energys Group from a “sell” rating to a “hold” rating in a research note on Sunday, July 12th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company has an average rating of “Sell”.

Energys Group Price Performance

ENGS remained flat at $2.59 during midday trading on Friday. The company’s stock had a trading volume of 4,321,216 shares, compared to its average volume of 1,153,272. Energys Group has a fifty-two week low of $0.57 and a fifty-two week high of $12.48. The firm has a 50 day moving average price of $2.71 and a two-hundred day moving average price of $1.75.

Energys Group (NASDAQ:ENGS) last posted its earnings results on Tuesday, June 30th. The company reported ($0.08) earnings per share (EPS) for the quarter. The firm had revenue of $2.09 million during the quarter.

About Energys Group

We are an energy service company based in the United Kingdom with over 23 years of experience in deploying energy-saving technologies and services. We principally provide end-to-end customized solutions and services that involve retrofitting existing infrastructures to help public and private organizations reduce their CO2 emissions and save money. Our headquarters is located in the United Kingdom. We also have offices located in Hong Kong from which EGL(HK) conducts research and development and GAI and NVL engage in the procurement of lighting and other products, which are then sold to ECSL, our United Kingdom Operating Subsidiary.